Financial Service Compensation SchemeC

Regulator Details

Founded: 2000

Website: http://www.fscs.org.uk

Max Leverage: N/A

Operated By: Government

Margin Forex Supervised: No

Protection: N/A

Popular Queries & Responses

  • Who is the FSCS?
  • How does the FSCS regulate a forex broker?
  • How to check a broker is FSCS-regulated or not?
  • How to solve disputes with a FSCS-regulated broker?

The full English name of FSCS is Financial Services Compensation Scheme.

When a company is unable to pay its due debts, it can initiate FSCS to compensate customers. FSCS coverage is for companies regulated by the FCA and PRA, as well as EU companies operating in the UK.

FSCS is to help individuals and small businesses, usually excluding large businesses (except in special circumstances).

FSCS encourages applicants to submit claims online in a simple and fast manner.

Submit claims online at: https://claims.fscs.org.uk/static/guidance/

Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

The data contained in this website may not be real-time and accurate. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.